Marshall Johnson, a certified financial planner, shares invaluable insights into common retiree regrets and strategies to avoid them. He emphasizes the importance of saving adequately, revealing that many retirees wish they had saved more. The conversation also covers the significance of Social Security decisions and the challenges of managing debt in retirement. Furthermore, they discuss the regrets of early retirement and stress the need for health awareness and financial readiness. Overall, practical advice is provided to help listeners navigate their retirement planning effectively.

Les McDaniel, a certified retirement coach and chief purpose officer at Howard Bailey, explores spirituality’s pivotal role in achieving a meaningful retirement. He discusses how faith can guide individuals through life's transitions and alleviate post-50 fears. The conversation encompasses embracing diverse perspectives for deeper connections, overcoming isolation, and fostering community. McDaniel also emphasizes the journey toward understanding life's complexities, drawing parallels from various philosophies to cultivate resilience and purpose in the golden years.

Ed Slott, a CPA and best-selling author renowned for his expertise in retirement distribution, shares valuable insights on managing taxes in retirement. He discusses strategies such as Roth conversions and highlights common misconceptions about tax liabilities. Slott emphasizes the importance of proactive tax planning and suggests that now is the time to take advantage of historically low tax rates. He also warns that IRAs might not be the best assets to inherit, prompting thoughtful estate planning.

Are you living a life that reflects the legacy you want to leave behind? Join us as we wrap up our exploration of the Wise Wealth Matrix with this final installment.  In this episode, we discuss:  Why most legacies fail How to leverage the Wisdom & Wealth pillars for legacy planning How to activate legacy with impact Listen in as Casey Weade is once again joined by Les McDaniel to discuss the Wise Wealth Matrix and key insights on legacy planning and impact. To receive your FREE WISE Wealth Assessment worksheet, text WISE to 888-599-4491 Our Market Outlook Webinar is live! Visit https://bit.ly/4bmHkUb to register. Show Notes: RetireWithPurpose.com/482 Rate & Review the Podcast: RetireWithPurpose.com/review 📧 WEEKEND READING FOR RETIREES: Receive CFP® insight on 4 hand-picked financial articles delivered straight to your Inbox each Friday: https://bit.ly/3OEdGgu  📅 SCHEDULE YOUR PERSONAL FINANCIAL REVIEW: Book a 15-minute call with Howard Bailey Financial to see how the topics discussed here apply to your individual situation: https://bit.ly/3z5mXIw  ABOUT HOWARD BAILEY FINANCIAL: Our mission is to help others gain clarity in purpose and elevate meaning in their lives through personal and practical financial strategies. Our Retire With Purpose™ Framework starts with establishing your unique financial philosophy — the true meaning and purpose for your money in retirement. Through continued education, one-on-one meetings, and a comprehensive team planning approach, we have helped retirees across the country secure their financial futures. And while we can't work with everyone, our goal is to provide value to everyone we meet. Our team of advisors and support specialists strive to deliver the very best experience in pre-retirement and retirement planning. Learn more about our process here: https://howardbailey.com/our-process

Discover the evolution of retirement income strategies and their adaptation to financial challenges. Explore four flexible income approaches that cater to individual needs, departing from traditional methods like the 4% rule. Learn how market conditions and inflation affect withdrawal strategies, ensuring financial stability. Plus, delve into the Required Minimum Distribution (RMD) for retirees and its implications. Equip yourself with insights to align your spending with market performance for a secure retirement.

Are you using your net worth as a score card? Join us for Part 3 of our exploration of the Wise Wealth Matrix and find out how wisdom can help you redefine wealth as a tool for meaning, balance, and connection.  In this episode, we discuss:  3 cultural norms most distorted by modern society Risks associated with the pursuit of “more” Pros and cons of “hustle culture” How to live authentically Listen in as Casey Weade is once again joined by Les McDaniel to discuss the Wise Wealth Matrix and how applying wisdom can transform your perspective on wealth. To receive your FREE WISE Wealth Assessment worksheet, text WISE to 888-599-4491 Our Market Outlook Webinar is live! Visit https://bit.ly/4bmHkUb to register. Show Notes: RetireWithPurpose.com/480 Rate & Review the Podcast: RetireWithPurpose.com/review 📧 WEEKEND READING FOR RETIREES: Receive CFP® insight on 4 hand-picked financial articles delivered straight to your Inbox each Friday: https://bit.ly/3OEdGgu  📅 SCHEDULE YOUR PERSONAL FINANCIAL REVIEW: Book a 15-minute call with Howard Bailey Financial to see how the topics discussed here apply to your individual situation: https://bit.ly/3z5mXIw  ABOUT HOWARD BAILEY FINANCIAL: Our mission is to help others gain clarity in purpose and elevate meaning in their lives through personal and practical financial strategies. Our Retire With Purpose™ Framework starts with establishing your unique financial philosophy — the true meaning and purpose for your money in retirement. Through continued education, one-on-one meetings, and a comprehensive team planning approach, we have helped retirees across the country secure their financial futures. And while we can't work with everyone, our goal is to provide value to everyone we meet. Our team of advisors and support specialists strive to deliver the very best experience in pre-retirement and retirement planning. Learn more about our process here: https://howardbailey.com/our-process

Financial experts dive into predictions for the stock market in 2025, reflecting on past forecasts and the current market landscape. They humorously weigh optimism against skepticism, discussing the surprise absence of negative predictions. The conversation shifts to the impact of tech advancements and the importance of diversification in an evolving market. Listeners can expect insights on asset performance, particularly the rise of small caps and international stocks, alongside an engaging upcoming webinar on economic trends.

Jordan Grumet, an Associate Medical Director at Unity Hospice and author of 'The Purpose Code,' shares insights on finding meaning in retirement. He discusses how creating purpose can enhance happiness and the significance of pursuing passions—like the antique store owner who inspired him. The conversation highlights self-awareness, the impact of social media on purpose perception, and how to overcome 'purpose anxiety.' Jordan also emphasizes embracing childhood joys and taking actionable steps towards personal fulfillment.

How should you modify your portfolio for retirement? It doesn’t take a one-size-fits-all approach, but let’s begin with the basics.  In this episode, we discuss:  How your emergency fund might change in retirement Why your income strategy is key to retirement success How to fill for your income “gap” Asset vs. tax allocation The “tax oasis” Today's article is from The Retirement Manifesto titled, 10 Steps To Prepare Your Finances For Retirement. Listen in as Founder and CEO of Howard Bailey Financial, Casey Weade, breaks down the article and provides thoughtful insights and advice on how it applies to your unique financial situation. Our Market Outlook Webinar is live! Visit https://bit.ly/4bmHkUb to register. Show Notes: RetireWithPurpose.com/477 Rate & Review the Podcast: RetireWithPurpose.com/review 📧 WEEKEND READING FOR RETIREES: Receive CFP® insight on 4 hand-picked financial articles delivered straight to your Inbox each Friday: https://bit.ly/3OEdGgu  📅 SCHEDULE YOUR PERSONAL FINANCIAL REVIEW: Book a 15-minute call with Howard Bailey Financial to see how the topics discussed here apply to your individual situation: https://bit.ly/3z5mXIw  ABOUT HOWARD BAILEY FINANCIAL: Our mission is to help others gain clarity in purpose and elevate meaning in their lives through personal and practical financial strategies. Our Retire With Purpose™ Framework starts with establishing your unique financial philosophy — the true meaning and purpose for your money in retirement. Through continued education, one-on-one meetings, and a comprehensive team planning approach, we have helped retirees across the country secure their financial futures. And while we can't work with everyone, our goal is to provide value to everyone we meet. Our team of advisors and support specialists strive to deliver the very best experience in pre-retirement and retirement planning. Learn more about our process here: https://howardbailey.com/our-process

What does it mean to be wealthy and wise in mid-life? Join us for part 2 of our exploration of the Wise Wealth Blueprint and discover how to pave the way for an intentional, purpose-filled life.  In this episode, we discuss:  What it means to let wisdom drive your life  Three guiding principles of your purpose  What it means to have “radical resilience”  Listen in as Casey Weade is once again joined by Les McDaniel to discuss the Wise Wealth Blueprint and dig into three guiding principles of your purpose to enjoy freedom after 50. To receive your FREE WISE Wealth Assessment worksheet, text WISE to 888-599-4491  Our Market Outlook Webinar is live! Visit https://bit.ly/4bmHkUb to register. Show Notes: RetireWithPurpose.com/476 Rate & Review the Podcast: RetireWithPurpose.com/review 📧 WEEKEND READING FOR RETIREES: Receive CFP® insight on 4 hand-picked financial articles delivered straight to your Inbox each Friday: https://bit.ly/3OEdGgu  📅 SCHEDULE YOUR PERSONAL FINANCIAL REVIEW: Book a 15-minute call with Howard Bailey Financial to see how the topics discussed here apply to your individual situation: https://bit.ly/3z5mXIw  ABOUT HOWARD BAILEY FINANCIAL: Our mission is to help others gain clarity in purpose and elevate meaning in their lives through personal and practical financial strategies. Our Retire With Purpose™ Framework starts with establishing your unique financial philosophy — the true meaning and purpose for your money in retirement. Through continued education, one-on-one meetings, and a comprehensive team planning approach, we have helped retirees across the country secure their financial futures. And while we can't work with everyone, our goal is to provide value to everyone we meet. Our team of advisors and support specialists strive to deliver the very best experience in pre-retirement and retirement planning. Learn more about our process here: https://howardbailey.com/our-process